Business
Mergers: Commission clears acquisition of joint control over #Heideasphalt by #DeutscheAsphalt and #KEMNABAU
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Heideasphalt GmbH & Co. KG (“Heideasphalt”) by Deutsche Asphalt GmbH and KEMNA BAU Andrae GmbH & Co. KG (“KEMNA BAU”), all three of Germany.
Heideasphalt is a newly created joint venture that will operate an asphalt mixing plant in Wittingen, Germany, currently operated by Deutsche Asphalt. Deutsche Asphalt is active in the production of various types of asphalt for asphalt base courses, asphalt binder courses and asphalt surface courses. KEMNA BAU is active in various market stages of traffic route construction.
The Commission concluded that the proposed acquisition would raise no competition concerns given that Heideasphalt has negligible actual or foreseen activities within the territory of the European Economic Area, and it would have a moderate market position in Northern Germany resulting from the transaction. The transaction was examined under the simplified merger review procedure.
More information is available on the Commission's competition website, in the public case register under the case number M.9666.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Sport4 days agoWho will win the 2026 World Cup? Data points to Spain
-
Belgium4 days agoBelgium Military Wives Choir: A 'lifeline' for women
-
Kazakhstan4 days agoPresident approves Digital Qazaqstan national strategy
-
Ireland4 days agoRenew Europe adopts Cork Declaration: A road map for prosperity, security and reform
